MISO Resource Adequacy Subcommittee (RASC)
MISO officials said last week they are still finalizing their forward auction proposal for competitive areas, but the changes won’t be significant and won’t affect a late fall FERC filing.
MISO released details of its forward auction proposal last week while also proposing the addition of six external resource zones.
At last week's MISO Resource Adequacy Committee meeting, the RTO said that they're reviewing the transfer limit between their South and North regions.
MISO has decided to stick with its original forward design in its capacity auction overhaul, rejecting the IMM’s prompt auction proposal.
MISO and its IMM reached a compromise on a capacity auction design, but the RTO is also keeping its original proposal on the table.
MISO is unlikely to meet a deadline for filing its auction design with FERC, raising doubts that changes can be implemented for 2017/18.
The MISO-OMS 2016 Survey found that plant retirements could cause a generation shortfall as early as 2018 in MISO, 2 years earlier than previously expected.
MISO will not yield on a planned July filing for capacity auction design changes, while a filing to add seasonal and locational constructs will be delayed.
The MISO Steering Committee concluded that the Resource Adequacy Subcommittee acted properly when it retired a task team without a vote or motion.
MISO is considering changes to its proposed forward capacity auction for Zone 4 in the face of opposition from its Market Monitor.
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